Obama to reject Keystone project, will allow reapplication, Washington Post says

News Breaks January 18, 2012 11:51 EDT TRP, PWR theflyonthewall.com: Obama to reject Keystone project, will allow reapplication, Washington Post says The White House will reject TransCanada?s (TRP) application for a permit to build its planned XL Keystone pipeline, but will allow the company to reapply after it develops an alternate route through Nebraska, reported The Washington Post, citing sources who have been briefed on the matter. Reference Link :theflyonthewall.com

News For TRP;PWR From The Last 14 Days Check below for free stories on TRP;PWR the last two weeks. There are 10 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. January 18, 2012 12:27 EDT TRP, PWR 12:08 EDT TRP theflyonthewall.com: On The Fly: Mid-Day Wrap Stocks on Wall Street were higher at mid-day, as better than expected results from Goldman Sachs (GS) helped extend a recent rally in shares of major U.S. banks. The averages remain higher as they have been since shortly after the open. The market lurched higher following the better than expected reading from the NAHB Housing Market Index. The reading added to sentiment that a recovery is underway in the housing sector. The S&P stalled when it hit the 1300 level, the same level it struggled to hold yesterday. The jobs market took a potential hit when it was reported the White House was set to reject the Keystone pipeline project, although it was also noted that TransCanada (TRP) will be allowed to reapply... ECONOMIC EVENTS: Domestically, producer prices dropped 0.1% in December, versus an expected increase of 0.1%. Excluding food and energy, prices rose 0.3%, versus the expected increase of 0.1%. Industrial production rose 0.4% in December after a revised 0.3% decline in November. Capacity utilization rose to 78.1%, matching estimates. The NAHB Housing Market Index had a reading of 25, versus the expected reading of 22. Also, reports circulated that the International Monetary Fund, which currently has about $385B available to lend, would like to lift that figure by about $500B after identifying the potential for an eminent $1T global financing gap... MARKET NEWS: Goldman Sachs advanced as cost cutting, particularly in compensation, helped its profits beat Street estimates. Among other financial firms reporting earnings, U.S. Bancorp (USB), PNC Financial (PNC), Bank of New York Mellon (BK), Charles Schwab (SCHW), and State Street (STT) all traded lower... Shares of Yahoo! (YHOO) rallied following the resignation of founder Jerry Yang, as some expect his exit to ease the way for a sale of the company's Asian assets or a buyout of the whole company... Linear Technology (LLTC) reported results that surprised to the upside, and issued upbeat guidance, lifting its shares as well as industry players including Fairchild Semiconductor (FCS) and Freescale (FSL)... MAJOR MOVERS: Among the notable gainers were Amphenol (APH), after its results beat forecasts, and Net 1 UEPS (UEPS), following the award of a national tender by the South African Social Security Agency to one of its subsidiaries. Noteworthy losers included Majesco (COOL), after its Q4 results and FY12 guidance disappointed, and BancorpSouth (BXS), following its filing to sell $100M in common stock... INDICES: Near noon, the Dow was up 45.75, or 0.37%, to 12,527.82; the Nasdaq was up 21.50, or 0.79%, to 2,749.58; and the S&P 500 was up 6.46, or 0.50%, to 1,300.13. :theflyonthewall.com 12:03 EDT TRP 11:51 EDT PWR, TRP 11:44 EDT TRP 11:37 EDT PWR 11:36 EDT TRP theflyonthewall.com: TransCanada XL Pipeline rejected by Obama administration, Bloomberg reports :theflyonthewall.com 07:19 EDT TRP January 11, 2012 13:01 EDT TRP January 5, 2012 08:07 EDT TRP

Source: http://www.theflyonthewall.com/permalinks/entry.php/TRP;PWRid1560943/TRP;PWR-Obama-to-reject-Keystone-project-will-allow-reapplication-Washington-Post-says

asana als disease brittany norwood lindsay lohan condoleezza rice road house who do you think you are